The global fuel cell market size was estimated at USD 7.35 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 27.1% from 2024 to 2030. Increasing demand for unconventional energy sources is one of the key factors driving the growth. Growing private-public partnerships and reduced environmental impact are expected to propel the demand. Governments across the globe...

The global fuel cell market size was estimated at USD 7.35 billion in 2023 and is projected to reach USD 36.98 billion by 2030, growing at a CAGR of 27.1% from 2024 to 2030. One of the primary drivers contributing to this rapid market growth is the increasing global demand for alternative and unconventional energy sources, as the world shifts away from traditional fossil fuels in...

The global solid oxide fuel cell market size is expected to reach USD 7,124.40 million by 2030, registering a CAGR of 40.7% according to a new report by Grand View Research, Inc. Growing expenditure on infrastructure and industry development is expected to have a positive impact on the global market in the forecast period. Installers and system providers usually hold stock of...